PANews
PANews|May 23, 2026 12:14
[Bloomberg: SkyBridge Capital's Fund Suffers Two Consecutive Quarters of Losses Due to Crypto Asset Volatility] According to Bloomberg, the flagship fund of SkyBridge Capital, founded by Anthony Scaramucci, the SkyBridge Opportunity Fund, with a scale of approximately $1.3 billion, fell 12.9% in the first quarter of 2026, marking its second consecutive quarter of losses, primarily dragged down by the sharp volatility of cryptocurrency-related assets. Data shows that 64% of the fund's holdings are concentrated in crypto and digital assets. Although it saw a slight rebound of 0.45% in March, it failed to recover from the earlier downturn in the quarter. In the fourth quarter of 2025, the fund had already plunged 18%, with consecutive losses highlighting the institutional risks of high crypto exposure.
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